California Water Code

§ 72063

WAT § 72063Div. 20 · Part 8 · Ch. 6 · Art. 2

Statute text

The resolution calling the bond election shall state all of the following:

(a)The purpose for which the proposed debt is to be incurred, which may include expenses of all proceedings for the authorization, issuance, and sale of bonds.

(b)The amount of debt to be incurred by the district, and the initial percentage of the debt service on the debt to be incurred which is to be paid by each improvement district, subject to annual adjustment of such amount pursuant to Water Code Sections 72073 through 72076 hereof.

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Legislative history

Amended by Stats. 1975, Ch. 291.